68 Colo. 160 | Colo. | 1920
delivered the opinion of the court.
The defendant in error brought an action in replevin against the plaintiff in error to recover an automobile of which it claimed ownership and right of possession. Plaintiff in error, defendant below, answered alleging that he had purchased the' automobile from the plaintiff, and that soon after its purchase he had executed a chattel mortgage upon it to secure an indebtedness to a bank, and that the mortgage was of record in the office of the County Clerk and Recorder, giving book and page. To this answer a replication was filed alleging that the sale to defendant' was induced by certain misrepresentations alleged to have been made by him; that the sale was fraudulent; that the, bonds given as the purchase price had been tendered back and a rescission of the contract of sale had been made. Upon the trial, the defendant objected to the introduction of any evidence upon the ground that, the complaint did not state a cause of action. This objection was overruled. Defendant objected also that a statutory denial in the replication of defendant’s allegations to the giving of the mortgage and the filing thereof was insufficient to raise an issue. This objection-also was overruled. Plaintiff had judgment and the case is now here for review.
The allegations of the replication which are supposed to state the misrepresentations upon which the sale was made are as follows: that defendant represented “That the two Rock Island Railway Company bonds of $1,000 par value each, which were offered in trade for the automobile, were a valid and existing indebtedness of the said railway company ; that each of said bonds had the actual cash value of $780, exclusive of interest thereon; that the accrued interest upon said bonds amounted to $400 in cash represented by interest coupons attached to said bonds and that said sum of $400 was collectible at any bank upon presentation of said' coupons.” It is urged that these statements are not
The parties were dealing at arm’s length, and in that situation statements of value are the mere statements of opinion, such as a vendor may be expected to make. Whether or not 'the bonds were a valid and existing indebtedness depended upon certain facts. No, such facts were stated, nor are there any facts stated from which the plaintiff drew its conclusion that the bonds were worthless. The statement that the bonds had a cash value of $780 is of the same class, only a statement of opinion. That the accrued interest amounted to $400 and was represented 'by interest coupons, appears from the bonds contained in the bill of exceptions to be in accordance with the fact. That they were collectible at any bank upon presentation, is also a mere statement of opinion, which, is in conflict with the language of the coupons themselves. They state that they are payable at the company’s office or agency in the City of New York. It is not contended that any statement of fact was made which subsequently proved to be untrue. We are of the opinion, therefore, that the objection that the complaint stated no cause of action, was well taken.
We are of opinion, also, that the second objection to the admission of evidence was good, because no issue was taken upon the allegation of the right of possession in a third person. The statutory denial in reference to that matter is as follows: “That as to whether upon said 16th day of January, 1919, the said defendant and J. C. Boyd borrowed from the Motor Bank the sum of Five Hundred Fifty Dollars and executed and delivered to the said, The Motor Bank, a chattel mortgage, which mortgage it is alleged is recorded in Book 2897 on page 144 of the chattel mortgage records of the City and County of Denver, State of Colorado, in the office of the county clerk and recorder, this plaintiff has not and cannot obtain sufficient information upon which to base a belief, and therefore denies the same. * * *” Section 56 Mills’ Code provides that, “In denying
Reversed.
Chief Justice Garrigues and Mr. Justice Burke concur.
